Best AIM shares 2017: Watkin Jones (AIM:WJG) offers plenty of visibility
Watkin Jones PLC (AIM:WJG) failed to generate much initial excitement when it arrived on AIM in March 2016. The UK developer, with a focus on the student accommodation sector, has certainly attracted plenty of investor interest since those early AIM days. With plenty of forward visibility and a growing management business, it looks in great shape, as our Blog here highlights..
Watkin Jones was established in 1791 by carpenter, Huw Jones, and is a ninth-generation family business, making it one of AIM’s older businesses! The Group has experienced significant growth since 1999, when it entered the student accommodation market, since when it has delivered over 34,500 student beds to date, across 107 sites, making it a key player and leader in UK Purpose Built Student Accommodation. In addition, Watkin Jones has been responsible for over 50 residential developments, ranging from starter homes to executive housing and apartments. More recently it added the Fresh Property Group, a specialist accommodation management company, to…